Armanino Partners with Inflo to Enhance Audit Platform
Armanino, a leading accounting firm, has chosen Inflo as a key technology partner. This collaboration is part of Armanino’s goal to create a next-generation audit platform that harnesses the power of artificial intelligence (AI). The integration of Inflo into Armanino’s Audit Ally and Armanino Access ecosystem will provide clients with real-time updates on their audit and advisory projects. Clients will be able to track testing progress, manage information requests, and gain in-depth insights into their business performance, such as financial ratios and trends compared to similar companies. In addition, clients can securely connect their ERP systems to Armanino’s audit platform, benefiting from Inflo’s digital audit methods.
Intapp Boosts AI Use in Professional Services
Intapp, known for its professional services solutions, is stepping up the use of specialized AI across various industries, including accounting, consulting, investment banking, legal, and private capital. This initiative will involve Claude, a set of AI models developed by Anthropic. Intapp plans to create industry-specific agents powered by Claude, which will enhance the capabilities of professional firms by integrating best practices and workflows tailored to their needs. These agents aim to help firms meet both their operational requirements and industry regulations effectively.
Sovos Teams Up with Label for Crypto Reporting Solutions
Sovos, a provider specializing in tax compliance, has announced a new partnership with Label, which focuses on automated compliance solutions for FATCA, CRS, and CARF regulations. This collaboration will create a unified solution called CARF + Sovos 1099-DA for digital asset platforms, helping them comply with the OECD’s Crypto-Asset Reporting Framework. This framework requires detailed reporting of crypto transactions starting in 2027 for the 2026 tax year in specified jurisdictions. The partnership simplifies compliance for crypto exchanges, brokers, and custodians by offering a ready-made solution that eliminates the need to develop in-house capabilities.
Crowe and LogicGate Join Forces for Risk Management Solutions
Top 25 firm Crowe has entered into a strategic alliance with LogicGate, an AI-driven Governance, Risk, and Compliance (GRC) platform. This partnership aims to deliver tailored risk and compliance solutions specifically for banks and credit unions. By combining Crowe’s expertise in financial services with LogicGate’s advanced GRC platform, the collaboration seeks to streamline traditional compliance processes, providing ready-to-use solutions that save time and resources.
Rainforest Partners with PayPal for Enhanced Payment Solutions
Rainforest, a provider of embedded payment solutions for software platforms, has collaborated with PayPal to introduce a new payment integration. This initiative is designed to help software platforms minimize their reliance on offline payment methods like cash and checks. With this new integration, clients on the Rainforest platform can allow their merchants to receive payments through PayPal, Venmo, and PayPal Pay Later, alongside options like credit cards, Apple Pay, and bank payments, all within a single checkout experience.
